AB 761 (Dickinson) – Public Retirement Investments in Firearm-Related Companies
Prohibits CalSTRS and CalPERS from investing in companies that manufacture firearms or ammunition for a recipient other than the U.S. military, subject to a process specified in the bill and consistent with previous divestment legislation, but subject to the board’s fiduciary duties.
- Version: Amended 3/19/13
- Sponsor: Author
- Location: Assembly Appropriations Committee
- Board Position: Neutral, if amended
For an accessible version of any CalSTRS analysis on this page, contact ADACoordinator@CalSTRS.com.